By: Marissa Ventrelli | Colorado Politics
A coalition that includes the state teachers’ union on Tuesday launched a campaign for a ballot proposal that would reduce more than $1 billion in taxpayer refunds and spend the money on education.
The measure is among several campaigns taking shape this year over state revenue. Broadly speaking, one side has long sought to raise more money, arguing what the state collects is insufficient to pay for services and programs. The other side counters that current revenues are sufficient but used unwisely, and what policymakers need is fiscal discipline.
Referred to the ballot by the state legislature via Senate Bill 135, the average Colorado taxpayer would lose about $7,300 in TABOR refunds between the 2026-27 and 2036-37 fiscal years if the proposal is approved at the ballot box, according to anonpartisan analysis.
Educators, teachers and parents gathered at Denver West High School on Friday to announce the campaign’s launch for the measure, which would allow the state to retain revenue above what’s called the Referendum C cap.
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